Saturday, September 20, 2014

Miscellaneous Gripes from Yours Truly

Since money is a finite resource, you can guess where all of the billionaires' money is coming from:

The wealth of the world’s billionaires now stands at $7.3 trillion, an increase of 12 percent from last year, according to a new report released yesterday by Wealth-X and UBS. There are a record 2,325 billionaires in the world, up from 2,170 in 2013 and 1,360 in 2009, the first year following the financial collapse.

Billionaires make up 0.000033 percent of the world’s population, or, to put it in another way, there are about three million people for every one billionaire. Yet this exceedingly small social layer possesses about 4.5 times the total wealth of the bottom half of the population, or 3.5 billion people.

Virtually all that money is from theft by various means.

As I have said before, I can remember when there were only four billionaires in the entire world 40 years ago, inflation notwithstanding: Howard Hughes, Ross Perot, H.L. Hunt, and J. Paul Getty. Only two other billionaires preceded them: John D. Rockefeller and Henry Ford.

Now we don't know shit who these people are outside of Bill Gates, Warren Buffett, and a handful of other people. All we know is these people are thieves, aided and abetted by the politicians they own.